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(Alliance News) - Stock prices in London opened lower on Wednesday, as the US government debt stand-off continues and disappointing corporate updates weighed on the FTSE 100. The FTSE 100 index opened down 30.24 points, 0.4%, at 7,720.84. The FTSE 250 ... | 03:58am
British Land Co PLC on Wednesday said it swung to a loss as its portfolio valuation collapsed. The London-based commercial property development and investment company reported a pretax loss for year... | May 17, 2023
The gap between the "best and the rest" is beginning to define the London office market, say property developers British Land this morning.
Annual loss after tax of 1.04 bln pounds
British Land said on Wednesday that the value of its portfolio declined in the year to the end of March as higher interest rates had an impact on property yields.